Food Prices Stable Before Ramadan

Lovata Andrean

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Rancakmedia.com – Minister of Trade Muhammad Lutfi said that food prices were stable and even relatively decreased before Ramadan 2021. This was said by Lutfi after reviewing the prices and stocks of basic necessities on Wednesday (7/4/2021) at the Sakral Jati Main Market, East Jakarta before Ramadan.

“This morning I started checking the availability of goods for Ramadan and Eid al-Fitr this year. I went to Kramat Jati market to check it upstream. "We can see that initially all goods prices were stable, and even fell," he said. Lutfi explained to journalists.

According to Lutfi, the price of shallots and garlic is stable at between IDR 18.000 and IDR 21.000 per kg. Likewise, the current price of curly chilies is close to Rp. 70.000 per kilogram, previously after being at the level of Rp. 100.000 per kg.

Food Prices Stable Before Ramadan

Lutfi explained that the prices of shallots and curly red chilies will fall further before harvest. "So we are sure that the price of Ramadhan fasting this year is stable and affordable. With the harvest, there is a possibility that prices will fall.

"Hopefully our fasting can be calmer and better this year because I guarantee the supply of all basic materials and ensure that the goods are there and available," he said.

Regarding rice, whether premium or medium quality, Luthfi ensures that it is still stable and that all the goods are available. “(Rice) All prices are stable, so there are no price cuts. "So everything can be done domestically and we will send enough domestically," he said.

The Regional Government (Pemda) of West Java Province ensures that prices of primary necessities remain stable throughout the month of Ramadan. Price stability is controlled by basic food stocks that are safe and secure.

Head of the West Java Province Department of Industry and Trade (Disperindag), M. Arifin Soedjayana, explained that fluctuations in food prices only occur in cayenne pepper. It is believed that the price of cayenne pepper will return to stability when the harvest comes in April and May 2021.

What is slightly disturbed is the cayenne pepper. Stock has dwindled a bit, but it's still there. "Other basic materials are still safe because observations of results, stocks and prices are still safe," said Arifin, Monday (29/3/2021) in Bandung.

Based on observation data from the West Java Department of Industry and Trade from 5 markets, namely Kosambi Market, Simple Market, Kiaracondong Market and Baru Market in the 3rd week of March 2021, the price of rice was around IDR 9.800 – IDR 13.000 per kg.

The price of cooking oil ranges from IDR 12.833 to IDR 14.700 per liter. The domestic price of granulated sugar reaches IDR 13.400. The average price of beef is IDR 120.000 per kg, while the price of bloiler chicken is IDR 36.320.

Food prices are stable and there are no shortages, according to Arifin, intensive monitoring and reporting of basic food prices is carried out in accordance with the Ministry of Trade's technical basis for carrying out price monitoring activities.

Arrangements and cooperation with regional officials in the food, livestock, agriculture and fisheries departments to ensure the availability of basic food ingredients continues.

"Together with the West Java Food Task Force Team, we will urge all parties who have insufficient stock to sell their stored goods at a reasonable price or the highest retail price (Het) or consumer reference prices in the market," said Arifin.

Arifin explained that his faction would increase cooperation with APPSI (Indonesian Market Traders Association) and APRINDO (Indonesian Retail Entrepreneurs Association) if prices rise, it means in the next few days or weeks.

"Residents are asked to stop shopping while stocks and prices are resolved. We urge residents to buy basic necessities according to their needs. "It shouldn't be too much," he said.

FAQ

The following is a question and answer session regarding the article that we have presented above:

What is meant by price stability

What is Price Stability?

Price stability is when the inflation rate is low and not too volatile. Stability does not mean zero inflation. In other words, the percentage is between 1-2%. A stable and low inflation rate allows for more accurate long-term business and consumer decisions.

Who Determines Food Prices?

Ministry of Agriculture of the Republic of Indonesia

What is the Goal of Price Stability?

Stable prices will result in more controlled inflation, so that a country's macroeconomic conditions improve. Price stability, especially basic prices, is able to maintain the stability of the political situation. People will not worry about rising prices and will not worry about the supply of goods.

Conclusion

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Lovata Andrean

Hi, I'm Lovata, I'm not Ai but I am a content writer for SEO, Technology, Finance, Travel, Cooking Recipes and others. I hope this can be useful for all my friends. Thanks